Calculate the amount of external financing

Reference no: EM13289691

Dave's wax inc. financial planners have projected a growth rate of 8% for the coming year. Currently it has assets of $5,000,000 and retained earnings of $120,000. Calculate the amount of external financing Dave will need.

Reference no: EM13289691

Questions Cloud

What is the minimum force of the gust of wind : A 1.65kg chicken is blown into a wall by a strong gust of wind and held there. What is the minimum force of the gust of wind

What is the firm average net float : On a typical day, ABCD corporation writes 8,000 in checks. It generally takes 3 days for those checks to clear. Each day the firm typically receives $13,000 in checks that take 4 days to clear. What is the firm's average net float?

Define half-life of a increases as the initial concentration : For each of the following cases, identify the order with respect to the reactant, A. Case (A ----> product) 1. The half-life of A increases as the initial concentration of A decreases

Determine the acceleration of the rocket : Suppose that during the launch of a rocket from the surface of the earth, Determine the acceleration of the rocket

Calculate the amount of external financing : Dave's wax inc. financial planners have projected a growth rate of 8% for the coming year. Currently it has assets of $5,000,000 and retained earnings of $120,000. Calculate the amount of external financing Dave will need.

What two possible reasons could cause the required return : What two possible reasons could cause the required return to differ from the coupon interest rate?

What angle does protons velocity make with magnetic field : A proton with v = 374 m/s is moving through a region in which the magnetic field is B = 2.8 T. what angle does the protons velocity make with B

How much is the initial cash outlay of the photocopy machine : The proposal will require that Capital Assets Corp. send technician for training at a cost of $5,000. The firm's marginal tax rate is 40 percent. How much is the initial cash outlay of the photocopy machine?

How much is net working capital : How much is net working capital

User Account

All Pages